Do you file taxes on the your online earnings
By onedollar
@onedollar (781)
Belgium
June 19, 2007 4:58am CST
Are you a honest citizen that submits all his or hers online earnings to have it taxed by your government?
3 responses
@venshida (4836)
• United States
19 Jun 07
I just started doing this and I have only made about $20.00 so far. For you to pay taxes your earnings should be $434.00 or more, any legitimate company should by law submit the necessary forms to the IRS and provide a 1099. I signed up for Hits4pay and they requested tax info, but I notice the other site I signed up with in the last few days have not. If I reach the $434.00 threshold, I will claim it on my taxes.
@pagal123 (29)
• Pakistan
22 Jun 07
the idea is good .as an honest citizen i should pay suh a tax.however the question that is consequential is whether such an income is taxable under the law or not.untell and unless iam assured that the law does require it so i can least be charged with the dishonesty for non payment of tax.i would suggest you to first chek the income tax law of your country and then decide it accordingly. for me i find it hard to believe that such an income would be taxable for the simple reason that it is incapable i suppose of definite ascertainment.
1 person likes this
@pagal123 (29)
• Pakistan
22 Jun 07
the idea is good .as an honest citizen i should pay suh a tax.however the question that is consequential is whether such an income is taxable under the law or not.untell and unless iam assured that the law does require it so i can least be charged with the dishonesty for non payment of tax.i would suggest you to first chek the income tax law of your country and then decide it accordingly.i find it hard to believe that such an icome would be taxable for the simple reason that it is incable i suppose of definite ascertainment.
1 person likes this